PRICES of building materials began to rise in late 2020, just as Covid-19 vaccines were approved and ready for human use, which signalled the reopening of the economy. From January to August last ...

Roughly half the cost of a house is the cost of the materials of which it is made, and they are used in large quantities (family house: around 200 tonnes; large apartment block: around 20,000 tonnes).

If it seems like building material prices are still sky high, they are — 39% higher than they were before the COVID-19 pandemic. Associated Builders and Contractors (ABC) released an analysis ...

Land costs are also not included in the index. Data available from: January 2018 Status of the figures: The price index figures for wages and the total construction costs are final until 2023. The ...

Construction costs for housing projects in major Indian cities have surged by 39% in four years, reaching Rs 2,780 per sq ft.